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For anyone who’s been in the high level SF tech scene for >15 years, $1M is not a substantial part of their liquid net worth. Certainly not for anyone who was i
by e1g 3y ago
For anyone who’s been in the high level SF tech scene for >15 years, $1M is not a substantial part of their liquid net worth. Certainly not for anyone who was in PGs inner circle 15 years ago.
- darkerside 3y agoA lot is relative. It's not a lot to be sitting in a bank or index fund. That's different from having it tied up in a risky private investment. Also, depending how early he was, he could own significantly more than 5%.